Test: Test your knowledge quiz!

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u23735423

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Test your knowledge quiz!Versión en línea This is the final step in your learning journey, get ready to smash this quiz and leave with the competencies to make informed decisions as a Tesla stakeholder. Good luck! por u23735423 1 What is the primary source of revenue for most businesses? a Investments b Sale of goods and services c Loans d Donations 2 Which of the following best describes Non-Controlling Interest (NCI)? a The portion of equity in a subsidiary not owned by the parent company b The total assets of a subsidiary c The total liabilities of a subsidiary d The profits retained by the parent company 3 What does a high gearing ratio indicate about a company? a Low financial risk b Low profitability c High financial leverage d High liquidity 4 Which of the following is NOT included in Other Comprehensive Income (OCI)? a Unrealized gains and losses on available-for-sale securities b Foreign currency translation adjustments c Net income from operations d Pension plan adjustments 5 What is the main purpose of calculating the gearing ratio? a To assess profitability b To evaluate a company's capital structure c To measure operational efficiency d To determine cash flow adequacy 6 Which of the following is an example of Other Comprehensive Income (OCI)? a Cash sales b Interest income c Gains from the sale of fixed assets d Changes in the fair value of investments 7 What does the term "revenue recognition" refer to? a The process of recording expenses b The timing of when revenue is recorded in financial statements c The calculation of total sales d The assessment of customer creditworthiness 8 What does purchasing ordinary shares in Tesla indicate for shareholders? a They receive guaranteed dividends. b They have no voting rights c They can influence all company policies. d They have a stake in Tesla's future growth and success. 9 True or False: If Tesla were to issue preferred stock in the future, it would likely dilute common stock ownership immediately. Written answer 10 Fill in the Blank: Tesla has opted to reinvest all profits to expand operations rather than payout _______. Written answer 11 An example of a cumulative balance is: a Total assets (30 September 2023) = Total assets (31 December 2022) b Total liabilities = Total assets c Current assets + Non-current assets = Total assets d Total assets = Total equity and liabilities 12 Which statement is correct: a A commitment is unconditional and a contingency is conditional b A commitment is conditional and a contingency is unconditional c Both a commitment and a contingency are conditional. d A commitment and a contingency are not distinguishable based on whether they are conditional or unconditional

Test your knowledge quiz!Versión en línea

This is the final step in your learning journey, get ready to smash this quiz and leave with the competencies to make informed decisions as a Tesla stakeholder. Good luck!

por u23735423

What is the primary source of revenue for most businesses?

Investments

Sale of goods and services

Loans

Donations

Which of the following best describes Non-Controlling Interest (NCI)?

The portion of equity in a subsidiary not owned by the parent company

The total assets of a subsidiary

The total liabilities of a subsidiary

The profits retained by the parent company

What does a high gearing ratio indicate about a company?

Low financial risk

Low profitability

High financial leverage

High liquidity

Which of the following is NOT included in Other Comprehensive Income (OCI)?

Unrealized gains and losses on available-for-sale securities

Foreign currency translation adjustments

Net income from operations

Pension plan adjustments

What is the main purpose of calculating the gearing ratio?

To assess profitability

To evaluate a company's capital structure

To measure operational efficiency

To determine cash flow adequacy

Which of the following is an example of Other Comprehensive Income (OCI)?

Cash sales

Interest income

Gains from the sale of fixed assets

Changes in the fair value of investments

What does the term "revenue recognition" refer to?

The process of recording expenses

The timing of when revenue is recorded in financial statements

The calculation of total sales

The assessment of customer creditworthiness

What does purchasing ordinary shares in Tesla indicate for shareholders?

They receive guaranteed dividends.

They have no voting rights

They can influence all company policies.

They have a stake in Tesla's future growth and success.

True or False: If Tesla were to issue preferred stock in the future, it would likely dilute common stock ownership immediately.

Written answer

Fill in the Blank: Tesla has opted to reinvest all profits to expand operations rather than payout _______.

Written answer

An example of a cumulative balance is:

Total assets (30 September 2023) = Total assets (31 December 2022)

Total liabilities = Total assets

Current assets + Non-current assets = Total assets

Total assets = Total equity and liabilities

Which statement is correct:

A commitment is unconditional and a contingency is conditional

A commitment is conditional and a contingency is unconditional

Both a commitment and a contingency are conditional.

A commitment and a contingency are not distinguishable based on whether they are conditional or unconditional

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Test your knowledge quiz!Versión en línea

por u23735423

What is the primary source of revenue for most businesses?

Which of the following best describes Non-Controlling Interest (NCI)?

What does a high gearing ratio indicate about a company?

Which of the following is NOT included in Other Comprehensive Income (OCI)?

What is the main purpose of calculating the gearing ratio?

Which of the following is an example of Other Comprehensive Income (OCI)?

What does the term "revenue recognition" refer to?

What does purchasing ordinary shares in Tesla indicate for shareholders?

True or False: If Tesla were to issue preferred stock in the future, it would likely dilute common stock ownership immediately.

Written answer

Fill in the Blank: Tesla has opted to reinvest all profits to expand operations rather than payout _______.

Written answer

An example of a cumulative balance is:

Which statement is correct: